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20110725
20110725
Search Results 0 to 6 of about 7 (some duplicates have been removed)
on counternarcotics efforts in afghanistan. after that, former pakistani president musharraf, then we're live with president obama as he addresses the national conference of the national council of la raza, and later the senate returns at 2 eastern for a period of general speeches follow bed later by debate and votes on judicial nominations. >>> also today on the c-span networks a discussion on the political transition in egypt. you'll hear from a member of the country's supreme council of the armed forces, the group that's been overseeing egypt's transition to democracy since the removal of former president hosni mubarak. he'll discuss the pace of change, the demands of protesters and the role of the military. the forum is hosted by the u.s. institute of peace. it's live at 12:15 eastern on our companion network, c-span3. >>> if you want to be informed about what is happening in the world and particularly in american politics and particularly in the congress, it's not so hard. c-span has a digital online archive that goes back to '79 or -- >> 1987. >> 1987. where you can, basically, watch an
spending in iraq and -- of spending in iraq and afghanistan. how about that? we will spend more than $833 million in the next three days in kabul and baghdad. in part to help build clean water systems there. in part to help create jobs there. i just think that's inexcusable that we find ourselves in a position where we're spending in two or three days in iraq and afghanistan when we could spend to eliminate this cut and provide clean drinking water for the people of our country. the amount of subsidies we're going to give oil companies. the oil companies made record profits in 2010. they made about $60 billion in profits, if i'm not mistaken. $77 billion, actually, in profits last year. we'll spend six times as much of this cut in the clean drinking water fund to give money away to those oil companies this year. these are people who made $77 billion in profits last year, whose stocks are off the charts, who are paying their c.e.o.'s hundreds of millions of dollars in compensation, and we're going to give them about $7 billion from the wallets of the people of this country this year. that'
afghanistan is also winding down and that's the trillion dollars they thought they'd save but they don't list anything with the harry reid plan and not to look at entitlements, how could you possibly say we're taking a hard look and making tough decision abouts the future of our -- of the country economically and not look at entitlements when even the president of the united states has had a problem. let's look at john boehner. he says, all right, i'll raise the debt ceiling. this is what i mean by a two phased plan. just a trillion dollars and we'll have $1.2 trillion in cuts by the end of the year. the future cuts will be commissioned and sent up after they commission a bipartisan panel to decide, you know, republicans or democrats to decide which will be cut and what shouldn't. >> and apparently, it would be along the lines of the cut, cap and balance as you can see right there. here is something that speaker boehner said why he cannot support the democrats' plan. he said the administration says they need all of the increase up front so he doesn't have to deal with this until after the ele
eliminating money with the wars in be afghanistan and iraq. that's also future looking. so i'm asking you today in terms of changes to the tax code for corporations because we know there's plenty of corporations that last year ended up paying relatively little or no taxes at all. are you putting forward anything in terms of corporate tax reform that you would be willing to undo in loop loopholes today? is. >> i think we all agree tax loopholes are something we can do about, that's definitely an area we compromise on without any difficulty whatsoever. but the point is putting in a system of tax reform that is simpler, flatter, less cumbersome especially for our business owners in the cost of doing business. so this is what we're looking at. but we are definitely against any tax increases, any tax increases alone. martha: all right, so goldman sachs if they don't get $4 trillion, what happens is a plan that's short of $4 trillion in real spending cuts, they're likely to downgrade their rating on u.s. debt. what do you think about that? >> well, you know, that's unfortunately what we're face
the following. you could eliminate all the bush/obama tax cuts. you could pull out of iraq, afghanistan and southwest asia tomorrow. you could end up eliminating all congressional earmarks and you could eliminate all foreign aid which people think is a big number but it's not, that's about 15 to 20% of the problem. the government has grown too big, promised too much, waited too long to restructure. yes, we're going to have to have more revenues as compared to historical levels but we need to go about it in an intelligent way that will make our system fairer, more equitable, more comparative and it will promote job growth and promote innovation. last i think this, on the comeback america initiative, preemptive framework, there's an additional $500 billion for critical investments over the next two years in order to help the economic recovery and to deal with unemployment. nonetheless, the net spending reductions over the next 10 years are over 3 trillion. so, yes, we need to do some things to make sure we recover and get unemployment down but if we don't end up putting our finances in or
Search Results 0 to 6 of about 7 (some duplicates have been removed)